Post
Topic
Board Speculation
Re: bitcoin market recovering ?
by
Virtual miner
on 14/05/2018, 09:36:44 UTC
I don't call myself an expert but I think I can read charts a bit accurately and what I have found is that the uptrend is still not confirmed. We might have broken the previous lower high but still bears are in the control of the market. We might see a couple of 7k before we bounce back above 10k. Moreover whales still control the market so any whale can dump his holding and we can see a market crash. Even the MT GOX fever is not over until now so I think we have to wait for sometime before market recovers.